THE INNOVATION PRACTICE LIMITED

Active Bury St. Edmunds

Other business support service activities n.e.c.

2 employees website.com
Other business support service activities n.e.c.
T

THE INNOVATION PRACTICE LIMITED

Other business support service activities n.e.c.

Founded 7 Mar 2016 Active Bury St. Edmunds, England 2 employees website.com
Other business support service activities n.e.c.

Previous Company Names

LUDOCO LIMITED 7 Mar 2016 — 21 Feb 2018
Accounts Submitted 31 Oct 2025 Next due 31 Dec 2026 8 months remaining
Confirmation Submitted 23 Mar 2026 Next due 20 Mar 2027 10 months remaining
Net assets £37K £5K 2024 year on year
Total assets £40K £14K 2024 year on year
Total Liabilities £3K £9K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Eldo House Kempson Way Bury St. Edmunds Suffolk IP32 7AR England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for THE INNOVATION PRACTICE LIMITED (10045625), an active company based in Bury St. Edmunds, England. Incorporated 7 Mar 2016. Other business support service activities n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2016–2024)

Cash in Bank

£25.95k

Decreased by £15.15k (-37%)

Net Assets

£37.34k

Decreased by £5.00k (-12%)

Total Liabilities

£3.15k

Decreased by £9.15k (-74%)

Turnover

N/A

Employees

2

Debt Ratio

8%

Decreased by 15 (-65%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 100 Shares £100 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
21 Feb 202250£50£1
21 Feb 202250£50£1

Officers

Officers

2 active
Status
Chapman, JoanneDirectorBritishEngland5630 May 2019Active
Chapman, Ludovic JamesDirectorBritishEngland657 Mar 2016Active

Shareholders

Shareholders (4)

Joanne Chapman
25.0%
50
Ludovic James Chapman
25.0%
50

Persons with Significant Control

Persons with Significant Control (3)

3 Active

Joanne Chapman

British

Active
Notified 30 May 2019
Residence England
DOB April 1970
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Mr Ludovic James Chapman

British

Active
Notified 6 Apr 2016
Residence England
DOB May 1960
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Mrs Joanne Chapman

British

Active
Notified 30 May 2019
Residence England
DOB April 1970
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
23 Mar 2026Confirmation StatementConfirmation statement made on 2026-03-06 with no updates
31 Oct 2025AccountsAnnual accounts made up to 2025-03-31
17 Mar 2025Confirmation StatementConfirmation statement made on 2025-03-06 with no updates
18 Dec 2024AccountsAnnual accounts made up to 2024-03-31
5 Dec 2024OfficersChange to director Mr Ludovic James Chapman on 2024-11-20
23 Mar 2026 Confirmation Statement

Confirmation statement made on 2026-03-06 with no updates

31 Oct 2025 Accounts

Annual accounts made up to 2025-03-31

17 Mar 2025 Confirmation Statement

Confirmation statement made on 2025-03-06 with no updates

18 Dec 2024 Accounts

Annual accounts made up to 2024-03-31

5 Dec 2024 Officers

Change to director Mr Ludovic James Chapman on 2024-11-20

Recent Activity

Latest Activity

Confirmation statement made on 2026-03-06 with no updates

1 months ago on 23 Mar 2026

Annual accounts made up to 2025-03-31

5 months ago on 31 Oct 2025

Confirmation statement made on 2025-03-06 with no updates

1 years ago on 17 Mar 2025

Annual accounts made up to 2024-03-31

1 years ago on 18 Dec 2024

Change to director Mr Ludovic James Chapman on 2024-11-20

1 years ago on 5 Dec 2024